Are these red candles a trap in Crude Oil?
We are bullish on crude oil for short term (one can say till expiry 17 dec)
Risky traders can take long position in trade with a strict stop loss of 4620 for a target of 5450.
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We are still trading in the range between 4600 and 5500.
Any lower or upper breakdown will decide its direction again.
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Trading is not about trying to capture every move. Look at the charts carefully and trade only if you are sure about your analysis.
Follow the rules, be patient and stock market will definitely reward you...
=======
Follow to get regular updates
Take care & safe trading...!!!
Regards
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Risky traders can take long position in trade with a strict stop loss of 4620 for a target of 5450.
=======
We are still trading in the range between 4600 and 5500.
Any lower or upper breakdown will decide its direction again.
=======
Trading is not about trying to capture every move. Look at the charts carefully and trade only if you are sure about your analysis.
Follow the rules, be patient and stock market will definitely reward you...
=======
Follow to get regular updates
Take care & safe trading...!!!
Regards
=======
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